The article discusses the ongoing debate around return-to-office (RTO) mandates, highlighting the tension between remote work and in-office policies. With over 50% of managers indicating they would leave their jobs if required to work in an office full-time, it underscores the significant human capital costs associated with RTO decisions. The authors argue that companies need to consider productivity losses and talent acquisition challenges alongside existing real estate investments. Instead of merely avoiding sunk costs, businesses should weigh the economic risks of declining employee satisfaction and operational effectiveness when mandating in-person work.
Rigid return-to-office mandates often cost organizations more than the real estate expenses they aim to justify, impacting productivity and increasing attrition risks.
CFOs pushing for in-person work to utilize office space ignore the long-term hidden costs, such as declining productivity and increased difficulty in attracting talent.
Collection
[
|
...
]